Question: 10 points Save Answer Adams Enterprises' non-callable bonds currently sell for $910. They have a 10-year maturity, pay an annual coupon of $65, and a

 10 points Save Answer Adams Enterprises' non-callable bonds currently sell for

10 points Save Answer Adams Enterprises' non-callable bonds currently sell for $910. They have a 10-year maturity, pay an annual coupon of $65, and a par value of $1,000. What is their yield to maturity? (State as a percent, but do not include the percent sign and round to the second decimal place. Thus, 9.8765% would be written as 9.88 to be correct)

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